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This paper analyzes influences on the credit standing of Multilateral Development Banks (MDBs), specifically the … its MDB rating process. The results are compared with those implied by an industry-standard, ratings-based Credit Risk …
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The investment of foreign exchange reserves or other asset portfolios requires an assessment of the credit quality of … counterparties. Traditionally, foreign exchange reserve managers and other investors have relied on credit rating agencies (CRAs) as … the main source for credit assessments. The Financial Stability Board issued a set of principles in support of financial …
Persistent link: https://www.econbiz.de/10011647655
Cyclicality in the losses of bank loans is important for bank risk management. Because loans have a different risk profile than bonds, evidence of cyclicality in bond losses need not apply to loans. Based on unique data we show that the default rate and loss given default of bank loans share a...
Persistent link: https://www.econbiz.de/10010515860
screen out high credit risk and potentially increase access to credit for small business owners in Peru. We use … entrepreneurs who were offered a loan based on the traditional credit-scoring method versus the EFL tool. We find that the … entrepreneurs - i.e., those with a credit history. For unbanked entrepreneurs - i.e., those without a credit history - using the EFL …
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